SurgeTrader Review 2026: The Rise and Fall (Shutdown Warning)

[!WARNING] SurgeTrader is SHUT DOWN. As of May 2024, SurgeTrader has ceased operations. Their trading platforms are frozen, and their website is inactive. DO NOT attempt to sign up with any "Mirror" site claiming to be SurgeTrader. It is a scam.

What Happened?

SurgeTrader was famous for its "1-Step" evaluation with no time limits. However, their broker infrastructure (Match-Trade) revoked their license due to US Regulatory pressure. Combined with internal management disputes, the firm collapsed.

Lessons Learned

The fall of SurgeTrader taught the industry a valuable lesson: Broker Dependence. SurgeTrader relied 100% on a third-party tech provider. When that provider cut them off, they had no backup.

Safe Alternatives in 2026: If you liked SurgeTrader for the "1-Step" model, use these instead:

1. FundedNext (Stellar One): The safest 1-Step provider.
2. Maven Trading: Similar "gamer" vibe, but solvent.
3. Lark Funding: Canadian based, safer infrastructure.

Refund Status

If you were a SurgeTrader client:

• Chargebacks: Most traders successfully reclaimed funds via Credit Card chargebacks in mid-2024.
• Payouts: Pending payouts were largely lost.

Verdict

Avoid. This review remains as a historical archive. RIP SurgeTrader (2021-2024).